SteelOrbis Shanghai
On October 12, 2006, Guangxi province-based Guangxi LiuZhou Iron & Steel Group Co. Ltd. (Liuzhou Steel) adjusted its ex-factory price of hot rolled coil.
The price increased RMB 30/mt ($4). After the adjustment, the new price of 5.75 mm Q235
HRC is RMB 3,930/mt ($497) including 17 percent VAT.